niftytrader

Indusind SETup for break out

Long
NSE:INDUSINDBK   INDUSIND BANK LTD
IndusInd Bank
Chart has been in a trading range for some time
It has good supports at near 1300 and resistances near 1400
Right now it looks like it will break the 1400 rst and go for a tgt of 1450 1460
One should wait for it to decisively cross 1400
and then trail the longs with a 20 rs stop.
NO trade zone rt now

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